Axelera AI Raises $68 million in Series B Funding
It is Europe's largest Series B funding in the fabless semiconductor industry, attracting diverse investment from venture capital, sovereign wealth, and pension funds.
Venture Capital
A collection of 312 posts
Formation Bio Raises $372 Million to Develop Drugs with AI
Rather than focusing solely on drug discovery, the company acquires or in-licenses clinical-stage drugs from pharmaceutical and biotech companies.
Sensi.AI Secures $31M to Expand AI-Powered Home Care
The $31 million Series B round was co-led by Zeev Ventures and Insight Partners, with continued backing from existing investors.
EvolutionaryScale Emerges from Stealth with ESM3, the Largest Protein Language Model, and $142M Seed Round
The company will offer an API and an open model for academic research, as well as commercial applications in drug discovery and development.
Stability AI Appoints New CEO Amid Financial Struggles
This leadership transition is accompanied by a crucial lifeline: a new round of funding led by a group of investors including Sean Parker, the tech entrepreneur famous for co-founding Napster and serving as Facebook's first president.
AI Video Startup HeyGen Raises $60M Valued at $500M
The startup has seen explosive growth, skyrocketing from $1 million to over $35 million in annual recurring revenue in just over a year.
OpenAI Co-Founder Ilya Sutskever Launches Safe Superintelligence Inc.
SSI will focus solely on building a safe and powerful AI system, and has no near-term plans of selling AI products or services.
Waabi Raises $200M to Bring Generative AI to Autonomous Trucking
Waabi's key differentiator is its single end-to-end AI system, capable of human-like reasoning and generalization. This system, called the Waabi Driver can adapt to any scenario it encounters, even those never seen before.
GPTZero Raises $10 Million in Series A Funding for Responsible AI Adoption
With this funding, GPTZero plans to develop new features such as hallucination detection, AI source identification, and GPTZero Docs, a platform that records and cites AI usage.
Mistral AI Secures $640M in Series B Funding with a $6B Valuation
The Series B round attracted a diverse array of investors, including Lightspeed Venture Partners, Andreessen Horowitz, NVIDIA, Samsung Venture Investment Corporation, Salesforce Ventures, and many others.
Greptile Raises $4.1M to Create an AI Expert for your Codebase
Instead of just generating code, Greptile built an AI that helps developers understand the codebase itself.
Elon Musk's xAI Secures $6B in Series B Funding, Valuing the Company at $24B
The fresh capital will help xAI bring its first products to market, build advanced infrastructure, and accelerate research and development for future technologies.
Suno Raises $125M to Scale it's AI-Generated Music Platform
Suno's innovative technology allows users to generate full songs from simple text prompts.
Mistral AI Valuation Skyrockets to $6 Billion
According to sources, Mistral AI is on the verge of securing $600 million in funding from investors, including prominent venture capital firms General Catalyst and Lightspeed Venture Partners.
Espresso AI Raises $11M to Cut Cloud Costs with Generative AI
By using AI to analyze and optimize SQL queries, Espresso claims to reduce cloud compute costs by up to 80%.
Neurable Secures $13M to Bring Brain-Computer Interface Technology to Everyday Products
With this new investment, the company plans to expand their platform and licensing business, making their unique, non-invasive BCI technology accessible to a wide range of consumer products
Wayve Raises Over $1 Billion to Bring Embodied AI to Autonomous Driving
The funding will enable Wayve to fully develop and launch their first Embodied AI products in partnership with automakers and fleet operators.
Lamini Secures $25 Million Funding to Bring Enterprise AI In-House
With this funding, Lamini aims to provide enterprises with the tools to develop their own AI solutions, tailored to their specific needs.
CoreWeave's Valuation Skyrockets to $19 Billion in Latest Funding Round
The $1.1 billion investment comes just five months after a previous round that valued the seven-year-old company at $7 billion.
Cognition AI Raises $175M at $2B Valuation, One Month After Series A
Cognition AI's rapid ascent in valuation is not an isolated case. The company joins a growing list of AI startups attracting massive investments despite generating little to no revenue.
Dropzone AI Raises $16.85M to Empower SOCs with Autonomous AI Investigations
The company's AI SOC analysts are designed to replicate the techniques of elite human analysts, reducing manual analysis by up to 90%.
Augment Emerges from Stealth with $252M to Supercharge Software Development with AI
The funding will be used to accelerate product development and build out its product, engineering, and go-to-market functions as it prepares for rapid growth.
Parloa Secures $66M Series B to Scale AI-Powered Customer Service
The company's solution enables organizations to deliver personalized, dynamic, and human-like experiences to customers while reducing wait times and automating routine tasks for employees.